 |
Code of Federal Regulations (Last Updated: May 6, 2024) |
 |
Title 33 - Navigation and Navigable Waters |
|
Chapter I - Coast Guard, Department of Homeland Security |
|
SubChapter S - Boating Safety |
|
Part 187 - Vessel Identification System |
|
Subpart A - General |
§ 187.15 - When is a mortgage a preferred mortgage?
Latest version.
-
§ 187.15 When is a mortgage a preferred mortgage?
A mortgage, instrument, or agreement granting a security interest perfected under State law covering the whole of a vessel titled under the law of a participating State is a preferred mortgage if the State is certified under § 187.13.